Mittelman Wealth Management Has $4.63 Million Stock Position in Vanguard Utilities ETF $VPU

Mittelman Wealth Management boosted its position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 12.4% in the 1st quarter, HoldingsChannel reports. The firm owned 23,386 shares of the company’s stock after buying an additional 2,572 shares during the period. Vanguard Utilities ETF accounts for about 2.9% of Mittelman Wealth Management’s investment portfolio, making the stock its 11th largest holding. Mittelman Wealth Management’s holdings in Vanguard Utilities ETF were worth $4,634,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VPU. D.A. Davidson & CO. grew its stake in Vanguard Utilities ETF by 1.8% during the first quarter. D.A. Davidson & CO. now owns 2,825 shares of the company’s stock worth $560,000 after buying an additional 50 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of Vanguard Utilities ETF by 12.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 480 shares of the company’s stock worth $91,000 after acquiring an additional 52 shares in the last quarter. Diversify Wealth Management LLC boosted its holdings in shares of Vanguard Utilities ETF by 2.9% in the 1st quarter. Diversify Wealth Management LLC now owns 1,911 shares of the company’s stock worth $378,000 after acquiring an additional 53 shares in the last quarter. Vivaldi Capital Management LP grew its position in Vanguard Utilities ETF by 4.1% during the 3rd quarter. Vivaldi Capital Management LP now owns 1,352 shares of the company’s stock worth $256,000 after acquiring an additional 53 shares during the last quarter. Finally, Advisory Services Network LLC grew its position in Vanguard Utilities ETF by 1.0% during the 3rd quarter. Advisory Services Network LLC now owns 5,679 shares of the company’s stock worth $1,076,000 after acquiring an additional 54 shares during the last quarter.

Vanguard Utilities ETF Stock Performance

Shares of VPU opened at $197.01 on Tuesday. The stock has a fifty day moving average price of $194.78 and a two-hundred day moving average price of $195.53. Vanguard Utilities ETF has a 52-week low of $178.51 and a 52-week high of $206.10. The company has a market cap of $8.72 billion, a price-to-earnings ratio of 20.60 and a beta of 0.59.

Vanguard Utilities ETF Profile

Vanguard Utilities ETF (the Fund) is an exchange-traded class of shares issued by Vanguard Utilities Index Fund. The Fund tracks the performance of Morgan Stanley Capital International United States Investable Market Utilities Index, an index made up of stocks of large, medium-size and small United States companies in the utilities sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of those companies considered electric, gas, or water utilities, or companies that operate as independent producers and/or distributors of power.